Category: Capital Market/Banking

Access Bank Appoints Uche Orji As Non-Executive Director
February 2, 2025 No Responses

Access Bank Appoints Uche Orji As Non-Executive Director

Access Holdings Plc has appointed Mr. Uche Orji as an Independent Non-Executive Director of  its flagship subsidiary, Access Bank Plc, effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).  A statement sent to City Business...
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Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities
January 31, 2025 No Responses

Katsina Gov Visits NGX Group, To Leverage Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State, Dr. Dikko Umar Radda, CON, at the Exchange, marking a significant step toward advancing the state’s economic vision through capital market opportunities. The visit reaffirmed...
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EFCC, NGX RegCo To Strengthen Partnership
January 30, 2025 No Responses

EFCC, NGX RegCo To Strengthen Partnership

NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to enhance market surveillance and combat financial crimes in Nig...
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CBN To Commence Payment Of Forex Backlog
January 29, 2025 No Responses

CBN To Commence Payment Of Forex Backlog

The Governor of the Central Bank, Olayemi Cardoso has disclosed that the forensic verification to clear all pending foreign exchange backlogs is now completed and payments will commence soon. Speaking during the launch of the foreign exchange code, Cardoso lam...
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NPA Lagos International Polo Tournament Returns With GTCO As Headline Sponsor
January 28, 2025 No Responses

NPA Lagos International Polo Tournament Returns With GTCO As Headline Sponsor

. Guaranty Trust Holding Company Plc (GTCO) is the headline sponsor of the 2025 NPA Lagos International Polo Tournament.The highly-anticipated Polo Series will be held at the prestigious Lagos Polo Club, Ikoyi, from 4th to 23rd February 2025.A staple in...
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Photo News
January 27, 2025 No Responses

Photo News

Former Vice President and Treasurer, World Bank and Director General, Securities and Exchange Commission (SEC Nigeria), Arunma Oteh(left) and Former Nigeria’s Minister of Finance, Kemi Adeosun at Oteh’s 60th birthday in London on Friday.
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Do Not Invest In Risevest, Stecs Cooperative Societies, SEC Warns
January 27, 2025 No Responses

Do Not Invest In Risevest, Stecs Cooperative Societies, SEC Warns

The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperati...
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Zenith Bank Promotes 4,000 Staff, Increases Salary By Over 20 Per Cent
January 26, 2025 No Responses

Zenith Bank Promotes 4,000 Staff, Increases Salary By Over 20 Per Cent

Zenith Bank Plc has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff and implementing salary increases ranging from 20% to 30% across various employee grades.This initiative, under the leadership of Managing Directo...
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Expert Projects Growth For Presco, Okomu Oil In 2025
January 23, 2025 No Responses

Expert Projects Growth For Presco, Okomu Oil In 2025

Former President of Chartered Institute of Stockbrokers (CIS) and Managing Director, Arthur Steven Asset Management Limited (ASAM), Olatunde Amolegbe, has projected growth for the Oil Palm Industry in 2025.Amolegbe’s positive outlook for the sector on Thursd...
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2025: ASAM Projects 39% ASI Growth On Bank Recapitalization, New Listings
January 23, 2025 No Responses

2025: ASAM Projects 39% ASI Growth On Bank Recapitalization, New Listings

For the year 2025, the Nigerian stock market is poised for significant growth, Arthur Steven Asset Management Limited (ASAM) has protected with a 39 per cent return on the All-Share Index (ASI).According to Olatunde Amolegbe, Managing Director, ASAM and former...
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Bankit MFB Unfolds 2025 Expansion Agenda
January 23, 2025 No Responses

Bankit MFB Unfolds 2025 Expansion Agenda

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SEC DG: Collective Investment Schemes Increased To N3tri In 2024
January 22, 2025 No Responses

SEC DG: Collective Investment Schemes Increased To N3tri In 2024

The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024.The Director General of the SEC, Dr. Emomotimi Agama who disclosed this during an interaction with reporters in Abu...
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Stanbic IBTC Launches N148.7b Rights Issue On NGX Invest
January 22, 2025 No Responses

Stanbic IBTC Launches N148.7b Rights Issue On NGX Invest

The Nigerian Exchange’s (NGX) e-offering platform, NGX Invest, continues to attract capital-raising in Nigeria with the addition of Stanbic IBTC Holdings Plc’s N148.7 billion rights issue.   Presented at the Facts Behind the Rights Issue event, t...
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SEC Sets January 31 Deadline For Registration Renewals
January 20, 2025 No Responses

SEC Sets January 31 Deadline For Registration Renewals

The Securities and Exchange Commission (SEC) has reminded Capital Market Operators (CMOs) to ensure that they renew their registration on or before January 31, 2025.The Commission said this in a circular issued recently to ask the operators to begin this...
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